1 v
CONTENT
GROWTH IN GREENWICH 5
CROSSRAIL’S BIGGEST WINNER 6
INVESTMENT CASE 9
LOCATION 14
in partnership with INTRODUCING: WELLINGTON QUARTER 17
CGIS 18
DEVELOPER DETAILS 22
SPECIFICATIONS 24
3 GROWTH IN GREENWICH
14% 39% 35%
Population growth Projected house price Projected rental price between 2016-2026 growth near Woolwich growth near Woolwich Crossrail station Crossrail station (2016-2020) (2016-2020)
97,000 50% 5%
Working population Increase in new businesses Deficit in the minimum forecast by 2041 between 2009-2015 number of homes required to meet demand for the next ten years
5 CROSSRAIL’S BIGGEST WINNER Shenfield
Brentwood Shenfield
Harold Demand for housing in Woolwich is rising, due to its Wood Brentwood affordability and the historic levels of regeneration BRENTWOOD REDBRIDGE Harold investment underway. Romford Wood Chadwell Gidea Seven Heath Park The arrival of Crossrail in 2018 will reduce journey Kings BRENTWOOD IlfordREDBRIDGE times to Central London from 34 minutes to 14 minutes. ISLINGTON Goodmayes Romford Forest Chadwell Gate Gidea Out of all 40 Crossrail stations, Woolwich tops JLL’s Maryland Seven Heath Park HAVERING CAMDEN Kings Manor Park list of house price growth projections. Ilford Goodmayes ISLINGTON StratfordForest BARKING & HILLINGON Gate EALING Luton TOWER DAGENHAM HAVERING Taplow Burnham Gatwick HAMLETS Maryland Maidenhead CAMDEN Farringdon Whitechapel Manor Park Ealing WESTMINSTER Bond West KENSINGTON & NEWHAM Broadway CHELSEA Street BARKING & Drayton Hanwell Stratford Langley Iver HILLINGON CITY OF Hayes & HAMMERSMITH & LONDONLuton TOWER DAGENHAM SLOUGH Southall EALING FULHAM Liverpool Taplow Burnham Harlington Action TottenhamGatwick HAMLETS Maidenhead Slough West Paddington Street Main Line WESTMINSTER Court RoadFarringdon Whitechapel EalingEaling Bond Canary CustomNEWHAM West Broadway KENSINGTON & Street Stansted House CHELSEA Wharf Drayton Hanwell Southead Langley Iver CITY OF Hayes & HAMMERSMITH & LONDON SLOUGH Southall FULHAM Liverpool Abbey Wood Harlington Action Tottenham West Street Slough Main Line Paddington Court Road Ealing Canary Custom Woolwich Stansted Wharf House WINDSOR & MAIDENHEAD Southead T1, 2, 3 Abbey Wood Metropolitan Heathrow Circle T4 Woolwich Hammersmith WINDSOR & MAIDENHEAD & City T1, 2, 3 Bakerloo Heathrow District T4 Piccadilly Central Jubilee DLR Overground
AVERAGE PRICE GROWTH FORECAST
Metropolitan Circle Hammersmith 10 & City Bakerloo 9 Metropolitan District 8 PiccadillyCircle CentralHammersmith 7 & City Jubilee 6 Bakerloo DLR District Overground 5 Piccadilly
% change PA 4 Central Jubilee 3 DLR 2 Overground 1 1 7 2 5 3 8 9 6 4 11 21 17 12 15 13 31 18 19 16 14 10 27 37 22 25 23 32 35 24 33 28 26 29 38 36 34 20 0 30 Iver Ilford Action Slough Taplow Hanwell Langley Southall Twyford Reading Romford Stratford Burnham Maryland Shenfield Woolwich Gidea Park Farringdon Brentwood Manor Park Paddington Forest Gate Forest West Ealing West Goodmayes Bond Street Maidenhead Seven Kings Seven Whitechapel Abbey Wood Abbey Harold Wood Harold West Drayton West Canary Wharf Custom House Custom Liverpool Street Liverpool Chadwell Health Chadwell Ealing Broadway Hayes & Harlington Hayes
Outer Western Inner Western Central South Eastern Inner North Eastern Outer North Eastern Road Court Tottenham 7 INVESTMENT CASE
SUPPLY
The Mayor’s London Plan is targeting to build a minimum of 26,850 new homes in Greenwich over the next ten years to keep up with employment and economic growth. For years now, housing supply in London has struggled to keep up with demand. Over 42,000 new homes are required per annum for the next two decades and this target is not being met. The imbalance is most severe in areas that offer the most value, like Woolwich.
DEMAND
By 2041, Woolwich Common is projected to see 48% population growth from 2011’s figures, while Woolwich Riverside’s regeneration is driving a population boom of 123%. This forms a combined average growth of 87% for the two wards in which the project lies. In the context of the entire borough, Greenwich’s population will rise 1.7% higher than the London-wide average over the same 30- year period.
9 INVESTMENT CASE
RENTAL MARKET
By 2025, it is estimated that 60% of London’s population will be living in rented accommodation. In Woolwich, rental demand will be even higher at over 70%. Out of all future Crossrail stations, Woolwich is expected to see the second-highest average rental growth at 35% between 2016 to 2020.
GBP
11 INVESTMENT CASE
SALES MARKET
By 2015, average house prices around Woolwich’s Crossrail station had already risen by 31% since Crossrail’s announcement. House prices have increased 13% year-on-year to March 2017 alone. Property prices in Woolwich are set to rise 39% from 2016-2020 – the highest increase forecast out of all 40 Crossrail stations.
AVERAGE HOUSE PRICES 2006 - 20016
GBP
13 WOOLWICH FERRY SERVICE Woolwich South Pier Woolwich Arsenal Pier
Thames Path
Thames Path A2204 Thames Path 8 Harlinger St Greenwich Harlinger St Heritage Centre 7 Waterfront Ruston Rd Clockhouse Glass Yard Leisure Centre 10 Community Centres 5 Spindle Cl Spindle Cl Way A206 A206
A206 Warren Ln 11 A206 Hare St Cashmore A206
Venus Rd Saint Mary's Gardens Duke of Wellington Ave 1 Europe Rd New Wine Church
Maud No 1 St Brewers Church Hill Decorator Centres Church Hill Royal Arsenal Powis 12St Myrlle Alley The Cornerstone 2 A206 Farmers Market Leda Rd Cafe - Royal Arsenal Boneta Rd Euro Car Parts S Circular Rd Kingsman St
Woolwich Greenlaw St Creton St Sunbury St Woolwich Country 3 St. Mary’s Greenlaw St Powis St Lidl Frances St Court & Family Court Dial Arch A206 Gardens Macbean St A206 TK Maxx 6 Tesco London 4 9 A206 Woolwich Express Flood Passage Lord Warwick St Clarks Shoes - Factory Shop Pett St St Mary St Argos Arsenal Way Sunbury St
5 The Works Woolwich No 1 St Tivoli Gardens Rectory Pl Marshalls Grove S Circular Rd Lamport Cl 2 Clara Pl McDonald’s WOOLWICH A206 Naval House Woodhill Prospect Vale Marybank Monk St Nando’s - Woolwich 6 DOCKYARD Kingsman St St Mary St Lloyds Beresford Sainsbury’s 4 Bank Square 7 Carr Grove Kingsman St Belson Rd Monk St
Belson Rd Parry Pl Calderwood St Samuel Close Castile Rd Halifax Tasty African Food Frances St
8 Woolwich New Rd Cardwell Primary School 3 Charles Grinling Walk Thomas St
Samuel St ROYAL ARSENAL Prospect Vale WOOLWICH Gorman Rd Bathway Spray St 9 Borgard Rd Calderwood St 4 Greens End Polytechnic St Thomas St General Willow Ln Gordon WOOLWICH ARSENAL Rectory Pl Square Frances St Wellington St Market St 2
Whitby Rd Marine Dr 1 Samuel St S Circular Rd Greenwich & Lewisham Vincent Rd Mulgrave Rd Love Ln Wilmount St John Wilson St Love Ln Young People’s Theatre Woodhill School, Red Barracks Rd Royal Borough Woolwich, London Mulgrave Rd Godfrey Hill of Greenwich Tesco 10 Woolwich Woodrow Rectory Pl Wellington St Love Ln Extra Woodhill Godfrey Rd Helen St Wilmount St 3 Woolwich New Rd Sandham Point 11 Frances St Dairy Ln Woolwich Rideout St Mulgrave Pond Woolwich Greenwich Council Anglesea Ave Evangelical Church Arsenal Woodville St Early Years Anglesea Rd Ashlar Pl 12 Maryon Grove Belford Grove St Peter the Maryon Rd Apostle RC Church Rushgrove St Wellington St
WJ King Vauxhall Masons Hill S Circular Rd Ogilby St Frances St Sandy Hill Ln Mini Market Woodhill B210
B210 Anglesea Rd Gardens Abbey Autos Centre B210 Hillreach Grand Depot Rd 1 Kidd Pl Pellipar Londis Crescent Rd 1
Woolwich New Rd
The Kings Troop Conduit Rd Greenhill Terrace Royal Horse Artillery 2 Hillreach
Sandpit Pl 3 Crescent Rd
Brookhill Rd Erwood Rd Heathwood Gardens Repository Rd Boyard Rd 4
Bloomfield Rd Hillreach Frederick Pl
Sandy Hill Ln The Royal Garrison Church of Saint George S Circular Rd
Burrage Pl TRAVEL TIMES Barrack Field
Woolwich New Rd
Green Hill Brookhill Cl Greenwich Town Hall Hillreach
Tesco Woolwich Extra Woolwich Foot Tunnel Willenhall Rd Woolwich Arsenal GreenStation Hill Royal Arsenal Woolwich Station The Woolwich Centre (National Rail & DLR) (from 2018) Woolwich Ferry Pier Park Dr
Repository Rd Rd Hill Sandy Brookhill Rd Brookhill
1 MIN 4 MIN 7 MIN 11 MIN Elmdene Rd Elmdene
Bloonfield Rd
S Circular Rd Nightingale Pl 8 MIN 14 MIN 22 MIN 50 MIN Canary Wharf Station Liverpool St Station Bond St Station Heathrow Airport Station 15 Computer generated images are intended for illustrative purposes only
Bordering Woolwich Riverside and Woolwich Common, Wellington Quarter offers the best of both worlds. The four-block town centre development, located within the commercial heart of vibrant Wellington Street, is only moments from the future Crossrail station. Each high-specification apartment features a spacious interior for comfortable and convenient living.
17 LIVING ROOM & BALCONY
Computer generated images are intended for illustrative purposes only
19 BEDROOM & BATHROOM
Computer generated images are intended for illustrative purposes only
21 DEVELOPER
Harrington Gardens
VISION HOMES
Vision Homes specialises in residential new homes and premier property conversions in and around London. Their state-of-the-art property developments represent excellent opportunities for property Page Mews investments and living. With an aim to consistently apply sleek and innovative design and exceptionally high-specification fit outs, Vision Homes create new property developments that truly stand out.
SE1 Collection - Sadlers Court
23 SPECIFICATIONS
CONTACT US
HONG KONG SHANGHAI DUBAI + 852 3965 9300 + 86 21 6032 1525 + 971 (0) 4 503 4700
CAPE TOWN SINGAPORE KUALA LUMPUR + 27 (0) 21 286 1476 + 65 6224 1992 + 852 3965 9300
1 & 2 bedroom apartments ABU DHABI LONDON + 971 (0) 2 694 8636 + 44 (0) 203 696 9630 Finishes White painted walls and ceilings from Dulux Vinyl wood flooring (tawny oak or frosted birch) Modern Ivory natural tiles, or similar, (bathroom floor and side of bath) Carpet – Velvet type to bedrooms
Kitchen Full range of kitchen units Paula Rosa or similar (symphony or similar) and FOR FURTHER ENQUIRIES appliances cooker, hob, extractor hoods, washer / drier, make Bosch or similar.
Bathroom www.ipglobal-ltd.com [email protected] Duravit wall hung basin Kaldawei bath (or similar) IP Global is the trading name of IP Real Estate Investments Pte Ltd, CEA License Number: L3010023I Wall hung Duravit WC The IP Global Kuala Lumpur office is in conjunction with Complete Real Estate & Management Sdn Bhd Wall mounted chrome towel rail (935131 P / VE (1) 0246) Please note: floor plans and images are for information purposes only and are subject to Electrical underfloor mat change from time to time. Areas shown are approximate measurements.
For more information, please speak to our consultant
25 www.ipglobal-ltd.com